Just waiting to read DOMACOMS ASIC RI to compare their SER to the other 2 products that I'm aware are on the market, being "Homesafe" and "Heartlands Senior Finance", which incidentally won CANSTARS 2018 Gold Award for similar products.
Im not sure why Financial Advisors cannot reccommend the above and if they can, i'm trying to reconcile this release by DOMACOM, yesterday to the ASX:
“The financial advisers will, for the first time, have a financial product available that will enable them toassist their retired clients in funding their lifestyle using their most significant asset– their home. Also,financial advisers will now have an additional tool to assist them with intergenerational family wealthplanning to manage the upcoming transfer of wealth between generations.”
Appreciate any thoughts
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- Has anybody read the ASIC Relief Instrument for Domacom's SER product.
Has anybody read the ASIC Relief Instrument for Domacom's SER product.
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